Economy

Load shedding costs up to R80.09 billionmonthly

NEWS

March 25 th, 2015

Cape Town- It has emerged during Wednesday’s presentation by the Department of Public Enterprises to Parliament, that power cuts by power utility Eskom cost the economy between R20.02 billion and R80.09 billion a month. "Load shedding between stages 1 and 3 costs the economy anywhere between R20 billion to R80 billion per month," the presentation said. Regular power cuts have been implemented to cope with power shortages.


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